Jerichomy......yesterday I told dy won't go above 42.70.....2morow it won't go above 42.50...I think...let's see.....some more got additional listing......so becareful jerichomy......
China is the biggest silicon metal manufacturer in the world, producing 68% of all the silicon manufactured in 2020. And now they are short on power due to high coal prices, and low rainfall at their hydroelectric dams. Now currently their coal mines are flooded making their problems worse.
Production of Silicon metal is a very energy intensive process and PMB is producing these products using hydroelectric power and hence, they are not effected by high gas, oil or coal prices like the other manufacturers are currently facing.
Prices of silicon metal is currently about 4x the average price a few months ago. It was reported that high prices will remain until summer 2022.
Definitely Genetec can't even come to a picture when compare with Tesla. That's what IB want actually. Often market got a lot of sifu compare this with Tesla due to they are selling EV battery. Let me tell you Tesla or our future EV won't use the battery here. Not in the history once time the vehicle are using our local battery manufacture in our local country.
And somemore this is listing in ACE market. Hope bursa should always take action to the abnormal transactions on those stocks that listing in ACE market.
They dont sell the battery stockpick2me. They sell the assembly line. Buy i agree that major correction coming, should drop below 40. Can buy more at dip, those scared can sell and buy back
We grew RM6million to RM41 millions in 5 months......................... Good luck everyone.................. We have cashed out and play other counter...........................
High drama soon? Can't help but noticed the dramatic rise of this counter. Reminds me of those days when certain Second Board counters were made famous. History is always interesting.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Thks1956
430 posts
Posted by Thks1956 > 2021-10-12 17:23 | Report Abuse
Inverted hammer. Be careful